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[27 Dec 2011 | 16 Comments | ]

The UPA has done quite a lot in the last seven years or so. Around 2004, India was at the take-off stage of a developing country. We could see a tiny light shining at what appeared to be the end of the tunnel. It looked like the country was finally out of the clutches of the Nehruvian socialist regime and had broken free of the 2-3% “Nehru rate of growth.” The NDA (led by the so-called “Hindu nationalist” BJP) had done a few things right and given India the 10% …